Fifth Third Securities Inc. Increases Stock Holdings in Vanguard Information Technology ETF $VGT

Fifth Third Securities Inc. raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 680.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,548 shares of the exchange traded fund’s stock after acquiring an additional 100,737 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Information Technology ETF were worth $13,810,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VGT. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $27,000. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. RHL Group LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Jessup Wealth Management Inc purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Finally, GW&K Investment Management LLC lifted its holdings in Vanguard Information Technology ETF by 100.0% during the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 21 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.1%

Shares of VGT stock opened at $122.99 on Friday. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock has a market capitalization of $150.77 billion, a PE ratio of 34.55 and a beta of 1.34. The firm has a 50 day moving average of $116.44 and a two-hundred day moving average of $104.99.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.